Latvia Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

Latvian trade deficit increased 24 percent to EUR 229.5 million in March of 2017 from a EUR 185.1 million shortfall a year ago. Exports rose 13.2 percent to EUR 960.2 million, boosted by prepared foodstuffs (34.4 percent), live animals and animal products (50.6 percent), wood and articles of wood (19.7 percent), electrical machinery and equipment (20.9 percent), mineral fuels (22.9 percent) and articles of iron or steel (24.4 percent). Imports advanced at a faster 15.2 percent to EUR 1189.7 million, led by mineral products (28.3 percent), prepared foodstuffs (21.7 percent) , base metals (22.7 percent), plastics and rubber (19.2 percent) and electrical machinery and equipment (5.6 percent). The main export partners were: Lithuania (16.6 percent of total exports), Estonia (12.9 percent), Germany (7.4 percent) and Sweden (6.5 percent) while the main import partners were Lithuania (17.4 percent), Poland (10.1 percent), Germany (9.8 percent) and Estonia (8 percent). Balance of Trade in Latvia averaged -163.02 EUR Million from 1993 until 2017, reaching an all time high of 40.10 EUR Million in February of 1993 and a record low of -557.20 EUR Million in July of 2007.

Latvia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-13 11:00 AM Jan €-175.4M €-240.1M €-129M
2017-04-11 10:00 AM Feb €-151.8M €-175.4M €-154M
2017-05-10 10:00 AM Mar €-229.5M €-151.8M €-184M
2017-06-09 10:00 AM Apr €-229.5M
2017-07-11 10:00 AM May
2017-08-09 10:00 AM Jun




Latvia Trade Last Previous Highest Lowest Unit
Balance of Trade -229.50 -151.80 40.10 -557.20 EUR Million [+]
Exports 960.23 832.80 1061.70 53.10 EUR Million [+]
Imports 1189.73 984.60 1227.00 52.50 EUR Million [+]
Current Account 14.90 207.00 343.50 -546.30 EUR Million [+]
Current Account to GDP -1.90 -2.30 11.90 -20.70 percent [+]
External Debt 36853.29 36865.71 37810.39 825.57 EUR Million [+]
Capital Flows 277700.00 48130.00 1035230.00 -1395300.00 EUR THO [+]
Gold Reserves 6.62 6.62 7.75 6.62 Tonnes [+]
Foreign Direct Investment -51.94 29.53 267.87 -339.12 EUR Million [+]
Terrorism Index 0.00 0.00 0.66 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Latvia Balance of Trade Notes

Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page provides - Latvia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-229.50 -151.80 40.10 -557.20 1993 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -2606000.00 Feb/17
Switzerland 3101.03 Mar/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17